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I'm not sure if EA or Bioware are even involved. They haven't had any influence over the property in ages (rights were held by Interplay, kicked over to Atari, and finally reclaimed by Hasbro), and I'd be surprised if they were suddenly contracted to work on an update.
As with MDK2 HD, Beamdog (ex-Bioware developers) is handling development. There's no word on a publisher yet, but Atari has recently re-released the old games through digital and retail outlets.
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